Leominster CU Wins FHLB Affordable Housing Grant

The Federal Home Loan Bank of Boston awarded Leominster CU a $150,000 Equity Builder grant to help low-income residents make downpayments and pay closing costs on a mortgage.

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Eligible homebuyers can receive up to $15,000 in downpayment and closing cost assistance.

This is the second year Leominster CU, Leominster, Mass., has participated in the Equity Builder Program.

Last year, it granted $10,000 each to six first-time homebuyers.


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